Plan Ledger DOL Form 5500 · updated monthly

Rqaw Corporation401(k)

RQAW CORPORATION PROFIT SHARING/401(K) PLAN · FISHERS, IN · plan year 2022

Reported admin expense ratio · 2022
0.38%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Rqaw Corporation reported $26,463 in plan administrative expenses for 2022: 0.38% of average plan assets, below the peer median. Employer contributions averaged $3,404 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Indiana (1,085th of 1,562), and 9,241st of 11,654 in professional & technical services. In 2022, employees put in $2.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,427,812
Participants with balances138
Active participants115
Employer contributions$391,433
Employee contributions$784,501
Employer contribution per active participant$3,404
Average account balance$46,578
Benefits paid to participants$213,918
Plan auditUnmodified (clean) audit opinion
AuditorSOMERSET CPAS, PC
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $429K emplr
2022$6.4M · 138 accts · $391K emplr
Administrative expenses, itemized · 2022
Investment management$26,463
Total administrative$26,463
The Rqaw Corporation 401(k) match · 2022
Employer contribution per active participant$3,404
Median for plans this size$1,114
2023$3,061 per active participant
2022$3,404 per active participant

Rqaw Corporation's 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$26,463 · 0.38%
Similar plansProfessional & Technical Services · Indiana
Novamatiq Inc IN$6.7M · 0.01%
Joink, LLC IN$6.5M · 0.69%
Driftboat Management, LLC IN$6.3M · 0.75%
Mainscape, Inc. IN$6.2M · 0.77%
Formassembly, Inc. IN$5.5M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351127849 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.